Which of the following statements regarding debentures is NOT true?

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Accounting · Company Debentures

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Debenture holders possess general voting rights in company meetings.

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Answer 1

Debenture interest is payable even if there are no profits.

Answer 2

Debenture holders possess general voting rights in company meetings.

Answer 3

Debenture carries a fixed rate of interest.

Answer 4

Debenture is a part of loan capital.

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